Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 15.33 is 135% above its estimated 5-year average of 6.53, around the middle of its estimated 5-year range (1.67–27.50).
As of 2026-10-06T22:52:46.196Z. 28.59% above its estimated 12-month average of 11.92.
Calculation as of: 2026-10-06T22:52:46.196Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c51f7bb38e0467dbdaec2b87e904118633479c78190bb705d814f7e841715b6d
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
15.33
PB RATIO AVG TTM
11.92
PB RATIO AVG 3Y
8.69
PB RATIO AVG 5Y
6.53
PB RATIO AVG 10Y
4.28
PB RATIO AVG 15Y
18.65
PB RATIO AVG 20Y
31.62
CURRENT VS TTM AVG
+28.59%
CURRENT VS 3Y AVG
+76.35%
CURRENT VS 5Y AVG
+134.89%
CURRENT VS 10Y AVG
+257.76%
CURRENT VS 15Y AVG
-17.78%
CURRENT VS 20Y AVG
-51.52%
SECTOR MEDIAN · HEALTHCARE
2.39
median of 761 covered companies
CURRENT VS SECTOR MEDIAN
+541.42%
vs the sector median at left
SELLAS Life Sciences Group, Inc.
Market Cap
$2.11B
PB Ratio
15.33
TTM Avg
11.92
3Y Avg
8.69
5Y Avg
6.53
Market Cap
$2.17B
PB Ratio
10.60
TTM Avg
3.04
3Y Avg
2.28
5Y Avg
4.60
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SELLAS Life Sciences Group, Inc. (SLS) | $2.11B | 15.33 | 11.92 | 8.69 | 6.53 |
| Vera Therapeutics, Inc. (VERA)vs › | $2.11B | 5.18 | 5.47 | 6.24 | 5.42 |
| Addus HomeCare Corporation (ADUS)vs › | $2.11B | 1.84 | 1.83 | 2.09 | 2.24 |
| GeneDx Holdings Corp. (WGS)vs › | $2.13B | 8.73 | 9.41 | 7.19 | 4.79 |
| Alvotech (ALVO)vs › | $2.08B | N/A | 6.71 | 6.71 | 6.71 |
| Viridian Therapeutics, Inc. (VRDN)vs › | $2.06B | 3.66 | 5.15 | 4.02 | 4.79 |
| Celldex Therapeutics, Inc. (CLDX)vs › | $2.06B | 2.89 | 3.81 | 3.48 | 4.00 |
| Maravai LifeSciences Holdings, Inc. (MRVI)vs › | $2.17B | 10.60 | 3.04 | 2.28 | 4.60 |
| Vericel Corporation (VCEL)vs › | $2.05B | 5.54 | 5.70 | 7.80 | 8.18 |
| Pharvaris N.V. (PHVS)vs › | $2.17B | 6.33 | 5.92 | 4.68 | 3.72 |
At 15.33, P/B is near its estimated 18-year median — higher than 54% of readings in its estimated 18-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 18-year low
0.25
median
10.01
estimated 18-year high
1048.59
P/B Ratio
15.33
Market Price / Book Value per Share
PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)
The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-10-05 | 15.98 |
| 2026-10-02 | 16.13 |
| 2026-10-01 | 15.57 |
| 2026-09-30 | 16.92 |
| 2026-09-29 | 15.82 |
| 2026-09-28 | 15.93 |
| 2026-09-25 | 15.96 |
| 2026-09-24 | 16.46 |
| 2026-09-23 | 15.83 |
| 2026-09-22 | 16.52 |
| 2026-09-21 | 15.63 |
| 2026-09-18 | 15.79 |
| 2026-09-17 | 15.85 |
| 2026-09-16 | 16.02 |
| 2026-09-15 | 15.52 |
| 2026-09-14 | 16.12 |
| 2026-09-11 | 15.87 |
| 2026-09-10 | 18.54 |
| 2026-09-09 | 19.17 |
| 2026-09-08 | 19.19 |
| 2026-09-04 | 19.05 |
| 2026-09-03 | 18.83 |
| 2026-09-02 | 19.46 |
| 2026-09-01 | 18.17 |
| 2026-08-31 | 18.33 |
| 2026-08-28 | 18.15 |
| 2026-08-27 | 20.90 |
| 2026-08-26 | 18.87 |
| 2026-08-25 | 19.36 |
| 2026-08-24 | 19.69 |
| 2026-08-21 | 21.25 |
| 2026-08-20 | 18.42 |
| 2026-08-19 | 19.03 |
| 2026-08-18 | 18.00 |
| 2026-08-17 | 17.87 |
| 2026-08-14 | 17.56 |
| 2026-08-13 | 16.99 |
| 2026-08-12 | 16.18 |
| 2026-08-11 | 17.74 |
| 2026-08-10 | 17.73 |
| 2026-08-07 | 19.29 |
| 2026-08-06 | 18.79 |
| 2026-08-05 | 19.04 |
| 2026-08-04 | 18.96 |
| 2026-08-03 | 18.02 |
| 2026-07-31 | 16.07 |
| 2026-07-30 | 16.52 |
| 2026-07-29 | 16.22 |
| 2026-07-28 | 16.20 |
| 2026-07-27 | 17.41 |
| 2026-07-24 | 18.18 |
| 2026-07-23 | 19.82 |
| 2026-07-22 | 19.40 |
| 2026-07-21 | 20.71 |
| 2026-07-20 | 20.04 |
| 2026-07-17 | 21.18 |
| 2026-07-16 | 18.87 |
| 2026-07-15 | 20.54 |
| 2026-07-14 | 21.50 |
| 2026-07-13 | 20.27 |
| 2026-07-10 | 20.49 |
| 2026-07-09 | 21.69 |
| 2026-07-08 | 22.10 |
| 2026-07-07 | 21.68 |
| 2026-07-06 | 22.38 |
| 2026-07-02 | 24.05 |
| 2026-07-01 | 21.31 |
| 2026-06-30 | 23.70 |
| 2026-06-29 | 24.81 |
| 2026-06-26 | 19.90 |
| 2026-06-25 | 16.91 |
| 2026-06-24 | 14.73 |
| 2026-06-23 | 14.56 |
| 2026-06-22 | 13.70 |
| 2026-06-18 | 12.93 |
| 2026-06-17 | 12.46 |
| 2026-06-16 | 12.09 |
| 2026-06-15 | 12.41 |
| 2026-06-12 | 12.57 |
| 2026-06-11 | 12.44 |
| 2026-06-10 | 11.48 |
| 2026-06-09 | 12.33 |
| 2026-06-08 | 12.81 |
| 2026-06-05 | 13.22 |
| 2026-06-04 | 14.52 |
| 2026-06-03 | 13.15 |
| 2026-06-02 | 13.38 |
| 2026-06-01 | 14.56 |
| 2026-05-29 | 14.95 |
| 2026-05-28 | 14.74 |
| 2026-05-27 | 13.78 |
| 2026-05-26 | 13.04 |
| 2026-05-22 | 12.49 |
| 2026-05-21 | 12.14 |
| 2026-05-20 | 14.40 |
| 2026-05-19 | 12.19 |
| 2026-05-18 | 11.71 |
| 2026-05-15 | 11.37 |
| 2026-05-14 | 11.91 |
| 2026-05-13 | 10.49 |
| 2026-05-12 | 11.28 |
| 2026-05-11 | 11.34 |
| 2026-05-08 | 10.82 |
| 2026-05-07 | 10.65 |
| 2026-05-06 | 11.13 |
| 2026-05-05 | 10.52 |
| 2026-05-04 | 10.84 |
| 2026-05-01 | 10.65 |
| 2026-04-30 | 10.69 |
| 2026-04-29 | 10.09 |
| 2026-04-28 | 10.54 |
| 2026-04-27 | 10.54 |
| 2026-04-24 | 9.63 |
| 2026-04-23 | 10.02 |
| 2026-04-22 | 10.33 |
| 2026-04-21 | 10.87 |
| 2026-04-20 | 10.78 |
| 2026-04-17 | 11.28 |
| 2026-04-16 | 10.65 |
| 2026-04-15 | 10.61 |
| 2026-04-14 | 10.50 |
| 2026-04-13 | 10.28 |
| 2026-04-10 | 10.28 |
| 2026-04-09 | 10.91 |
| 2026-04-08 | 10.50 |
| 2026-04-07 | 9.74 |
| 2026-04-06 | 9.79 |
| 2026-04-02 | 8.92 |
| 2026-04-01 | 9.09 |
| 2026-03-31 | 9.14 |
| 2026-03-30 | 8.66 |
| 2026-03-27 | 9.44 |
| 2026-03-26 | 10.69 |
| 2026-03-25 | 11.45 |
| 2026-03-24 | 10.80 |
| 2026-03-23 | 11.84 |
| 2026-03-20 | 10.28 |
| 2026-03-19 | 12.35 |
| 2026-03-18 | 11.76 |
| 2026-03-17 | 11.97 |
| 2026-03-16 | 12.73 |
| 2026-03-13 | 12.76 |
| 2026-03-12 | 11.95 |
| 2026-03-11 | 13.02 |
| 2026-03-10 | 13.83 |
| 2026-03-09 | 14.16 |
| 2026-03-06 | 13.14 |
| 2026-03-05 | 12.54 |
| 2026-03-04 | 13.16 |
| 2026-03-03 | 12.61 |
| 2026-03-02 | 12.00 |
| 2026-02-27 | 11.71 |
| 2026-02-26 | 11.69 |
| 2026-02-25 | 10.81 |
| 2026-02-24 | 11.26 |
| 2026-02-23 | 10.69 |
| 2026-02-20 | 9.86 |
| 2026-02-19 | 9.60 |
| 2026-02-18 | 9.00 |
| 2026-02-17 | 8.69 |
| 2026-02-13 | 8.53 |
| 2026-02-12 | 8.43 |
| 2026-02-11 | 8.72 |
| 2026-02-10 | 8.93 |
| 2026-02-09 | 9.05 |
| 2026-02-06 | 8.86 |
| 2026-02-05 | 8.39 |
| 2026-02-04 | 9.07 |
| 2026-02-03 | 9.88 |
| 2026-02-02 | 9.43 |
| 2026-01-30 | 8.96 |
| 2026-01-29 | 9.24 |
| 2026-01-28 | 9.43 |
| 2026-01-27 | 10.45 |
| 2026-01-26 | 10.21 |
| 2026-01-23 | 10.12 |
| 2026-01-22 | 10.71 |
| 2026-01-21 | 10.88 |
| 2026-01-20 | 10.26 |
| 2026-01-16 | 9.45 |
| 2026-01-15 | 9.12 |
| 2026-01-14 | 9.76 |
| 2026-01-13 | 9.86 |
| 2026-01-12 | 9.76 |
| 2026-01-09 | 8.22 |
| 2026-01-08 | 9.17 |
| 2026-01-07 | 9.60 |
| 2026-01-06 | 9.74 |
| 2026-01-05 | 11.88 |
| 2026-01-02 | 10.33 |
| 2025-12-31 | 8.96 |
| 2025-12-30 | 7.86 |
| 2025-12-29 | 7.96 |
| 2025-12-26 | 6.82 |
| 2025-12-24 | 6.75 |
| 2025-12-23 | 6.58 |
| 2025-12-22 | 6.27 |
| 2025-12-19 | 5.61 |
| 2025-12-18 | 5.56 |
| 2025-12-17 | 5.01 |
| 2025-12-16 | 5.23 |
| 2025-12-15 | 4.85 |
| 2025-12-12 | 4.82 |
| 2025-12-11 | 4.77 |
| 2025-12-10 | 4.66 |
| 2025-12-09 | 4.51 |
| 2025-12-08 | 4.32 |
| 2025-12-05 | 4.13 |
| 2025-12-04 | 4.13 |
| 2025-12-03 | 3.66 |
| 2025-12-02 | 3.30 |
| 2025-12-01 | 3.56 |
| 2025-11-28 | 3.85 |
| 2025-11-26 | 3.47 |
| 2025-11-25 | 3.42 |
| 2025-11-24 | 3.68 |
| 2025-11-21 | 3.63 |
| 2025-11-20 | 3.47 |
| 2025-11-19 | 3.61 |
| 2025-11-18 | 3.78 |
| 2025-11-17 | 3.35 |
| 2025-11-14 | 3.40 |
| 2025-11-13 | 3.47 |
| 2025-11-12 | 5.62 |
| 2025-11-11 | 5.69 |
| 2025-11-10 | 5.65 |
| 2025-11-07 | 5.99 |
| 2025-11-06 | 6.11 |
| 2025-11-05 | 6.33 |
| 2025-11-04 | 6.26 |
| 2025-11-03 | 6.75 |
| 2025-10-31 | 6.86 |
| 2025-10-30 | 7.20 |
| 2025-10-29 | 7.84 |
| 2025-10-28 | 7.54 |
| 2025-10-27 | 7.31 |
| 2025-10-24 | 7.50 |
| 2025-10-23 | 7.20 |
| 2025-10-22 | 7.35 |
| 2025-10-21 | 7.20 |
| 2025-10-20 | 7.58 |
| 2025-10-17 | 8.07 |
| 2025-10-16 | 8.14 |
| 2025-10-15 | 8.22 |
| 2025-10-14 | 7.73 |
| 2025-10-13 | 7.54 |
| 2025-10-10 | 7.20 |
| 2025-10-09 | 7.16 |
| 2025-10-08 | 7.27 |
| 2025-10-07 | 7.16 |
| 2025-10-06 | 7.12 |
| 2025-10-03 | 7.05 |
| 2025-10-02 | 6.45 |
| 2025-10-01 | 6.37 |
| 2025-09-30 | 6.07 |
| 2025-09-29 | 5.88 |
| 2025-09-26 | 6.14 |
| 2025-09-25 | 6.07 |
| 2025-09-24 | 6.14 |
| 2025-09-23 | 6.41 |
Showing the most recent 260 of 4,019 data points. The chart above shows the full history.